Summit Investment Advisory Services LLC Lowers Stock Holdings in Vanguard Value ETF (NYSEARCA:VTV)

Summit Investment Advisory Services LLC reduced its stake in shares of Vanguard Value ETF (NYSEARCA:VTV) by 6.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,868 shares of the company’s stock after selling 571 shares during the quarter. Vanguard Value ETF comprises approximately 0.7% of Summit Investment Advisory Services LLC’s holdings, making the stock its 21st largest position. Summit Investment Advisory Services LLC’s holdings in Vanguard Value ETF were worth $1,359,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. JPMorgan Chase & Co. boosted its stake in shares of Vanguard Value ETF by 9.9% during the third quarter. JPMorgan Chase & Co. now owns 3,289,545 shares of the company’s stock valued at $574,256,000 after purchasing an additional 297,236 shares during the period. Ironwood Wealth Management LLC. grew its holdings in Vanguard Value ETF by 16.9% during the 4th quarter. Ironwood Wealth Management LLC. now owns 6,033 shares of the company’s stock worth $1,021,000 after acquiring an additional 870 shares in the last quarter. LaFleur & Godfrey LLC increased its position in Vanguard Value ETF by 8.4% during the 4th quarter. LaFleur & Godfrey LLC now owns 5,016 shares of the company’s stock valued at $849,000 after purchasing an additional 389 shares during the period. Brighton Jones LLC lifted its position in shares of Vanguard Value ETF by 7.9% in the 4th quarter. Brighton Jones LLC now owns 42,618 shares of the company’s stock worth $7,215,000 after purchasing an additional 3,109 shares during the period. Finally, Prosperitas Financial LLC increased its holdings in Vanguard Value ETF by 3.7% during the fourth quarter. Prosperitas Financial LLC now owns 23,167 shares of the company’s stock valued at $3,922,000 after buying an additional 836 shares during the period.

Vanguard Value ETF Stock Down 0.2%

Vanguard Value ETF stock opened at $171.32 on Friday. The firm has a market cap of $272.40 billion, a P/E ratio of 18.68 and a beta of 0.83. Vanguard Value ETF has a twelve month low of $150.43 and a twelve month high of $182.38. The business has a fifty day moving average of $166.60 and a two-hundred day moving average of $171.91.

Vanguard Value ETF Company Profile

Vanguard Value ETF (the Fund) is an exchange-traded share class of Vanguard Value Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Prime Market Value Index (the Index). The Index is a diversified index of value stocks of predominantly large United States companies.